The Lost Decade of the Middle Class

August 24, 2012 12:00pm by

The research report that you need to some some time with over the weekend is from the Pew Research Center, and its titled: The Lost Decade of the Middle Class

Some charts and excerpts are below:

As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith in the future.

These stark assessments are based on findings from a new nationally representative Pew Research Center survey that includes 1,287 adults who describe themselves as middle class, supplemented by the Center’s analysis of data from the U.S. Census Bureau and Federal Reserve Board of Governors.

 

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Source: The Lost Decade of the Middle Class
Pew Research Center, August 22, 2012

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